"Federal Deposit Insurance Corporation Chairman Sheila Bair came close to the third rail of tax policies Monday, citing the federal tax deduction for mortgage interest as one of the causes of the nation’s banking crisis."

On the mortgage deduction alone. I have never owned a house & I deeply resent the unfair mortgage deduction. I have to pay extra tax to make up for what homeowners don't pay. The rest of what Ms Bair says is reasonable too but don't hold your breath waiting. Big Banking/business have the country in a death grip. They own the Republican Party outright. Permalink